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The development, located on 433 acres roughly south of State Highway 121, east of Plano Parkway and west of Spring Creek Parkway, will feature two stories and a footprint of approximately 1 million square feet, equating to 2 million square feet of structure – or approximately 53 football fields.

The building will include 1.28 million square feet for warehouse and distribution uses, about 25,000 square feet for regional corporate headquarters and about 546,000 square feet for retail sales.

By comparison, Frisco's IKEA is 310,000 square feet.

The Colony City Manager Troy Powell said the project will bring thousands of jobs to the region and generate an estimated $2.3 billion in economic impact when Phase I is completed in about May 2015.

Construction could begin as early as March or April 2012, said Tod Maurina, the city's executive director of operations.

2 million sq ft is HUGE! The main store alone is 546,000 sq ft, that's nearly 3 times bigger than a average Super Walmart. The warehouse is 1.28 million that's bigger than some shopping malls in the DFW area.

The location is the property vacant next to Kings Ridge in west Plano.Info is now being reported heavily from media outlets.The story was just on the 10:00 news.This sounds like a definite.Good location ,huge for the west Plano area as well.It will certainly make that area by Stonebriar mall crowded,but that location should be ok with the traffic.This is a good thing for the west Plano /Frisco area....

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